Wednesday, February 10, 2010

 

Life insurers, life settlement group spar over securitization

A new policy statement from a life insurers’ group, suggesting that the securitization of life settlements needs to be regulated, has sparked a sharp response from a life settlement trade group.

The American Council of Life Insurers (ACLI), representing nearly 300 companies providing life insurance, recommended that the securitization of life settlements “be prohibited by legislation or regulation.” ...

IFA Web News: Life insurers, life settlement group spar over securitization

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